Taylor Business Institute

29 E Madison Street, Suite LL
Chicago, IL 60602
Top-Ranked (2026-27): View Rankings
  • Taylor Business Institute (TBI) is a small, female- and minority-owned forprofit college in downtown Chicago (founded 1962 as the Nancy Taylor Secretarial School; acquired in 1986 by President Janice C. Parker). Accredited by the Higher Learning Commission since 2017, TBI offers Associate of Applied Science degrees, certificates, and ESL programs. Known for its culturally inclusive environment, personalized attention, hands-on training, flexible scheduling, and small class sizes, it also provides scholarship and tuition relief options through its Level Playing Field Foundation. In June 2025, TBI received authorization from the Illinois Board of Higher Education to expand its criminal justice AAS program via a new classroom extension in Naperville.

School Highlights

Taylor Business Institute serves 200 students (100% of students are full-time).
The college's student-teacher ratio of 12:1 is lower than the state community college average of 33:1.
Minority enrollment is 100% of the student body (majority Black), which is less than the state average of 54%.

Quick Facts (26-27)

  • Enrollment: 200 students
  • In-state tuition: $11,175
  • Out-state tuition: $11,175
  • Acceptance Rate: 89%
  • Student-teacher ratio: 12:1
  • Minority enrollment: 100%
  • Source: Verified school update

Top Rankings

Taylor Business Institute ranks among the top 20% of public schools in Illinois for:

Category
Attribute
Completion Rates

School Overview

The teacher population of 17 teachers has stayed relatively flat over five years.
Taylor Business Institute
(IL) Community College Avg.
Carnegie Classification
Associate's Colleges: High Career & Technical-Mixed Traditional/Nontraditional
Associate's Colleges
Institution Level
Less than 2 yrs
At least 2 but less than 4 years
Institution Control
Public
Public
Year Founded
1962
Total Faculty
17 staff
94 staff
School Calendar
AccreditationAccred.
Higher Learning Commission (HLC)

Student Body

The student population of Taylor Business Institute has grown by 100% over five years.
The student-teacher ratio of 12:1 has increased from 6:1 over five years.
The Taylor Business Institute diversity score of 0.31 is less than the state average of 0.69. The school's diversity has declined by 64% over five years.
Total Enrollment
200 students
3,095 students

Showing 2012–2025. View full 19-year historical data

Student-Teacher Ratio
12:1
33:1
# Full-Time Students
200 students
1,013 students

Showing 2012–2025. View full 19-year historical data

# Enrollment Undergraduate
200 students
2,720 students
# Full-Time Undergraduate Students
200 students
1,082 students

Showing 2012–2025. View full 19-year historical data

% Hispanic
1%
28%

Showing 2008–2025. View full 19-year historical data

% Black
5%
13%

Showing 2008–2025. View full 19-year historical data

% Non Resident races
82%
1%
% Unknown races
12%
4%
Diversity Score
0.31
0.69

Showing 2011–2025. View full 19-year historical data

College Completion Rate (Students who graduate in less than 4 years)
56%
38%

Showing 2015–2025. View full 19-year historical data

Median Earnings 10 Years After Entry (measured in 2022-2023, in 2024 dollars)
$31,053
$42,901

Points are in the dollars of their own College Scorecard release, and the colleges behind the state line differ by period. The lines do not show inflation-adjusted growth.

Tuition & Financial Aid

The public in-state tuition of $11,175 is more than the state average of $8,019. The in-state tuition has stayed relatively flat over four years.
The public out-state tuition of $11,175 is more than the state average of $10,874. The out-state tuition has stayed relatively flat over four years.
In-State Tuition Fees
$11,175
$8,019

Showing 2008–2024. View full 18-year historical data

Out-State Tuition Fees
$11,175
$10,874
% Students Receiving Some Financial Aid
23%
80%

Showing 2012–2025. View full 19-year historical data

Median Debt for Graduates
$20,359
$7,505
Median Debt for Dropouts
$6,184
$3,875
Acceptance Rate
89%
96%
Source: 2025 (or latest year available) Integrated Postsecondary Education Data System (IPEDS)

School Notes

  • Taylor Business Institute's mission is to empower a broad and diverse student population through high-quality education and support. The college provides:A safe and supportive environment with small class sizes and personalized attention.Associate of Applied Science degrees designed to build workforce skills and career readiness.Educational pathways that prepare graduates for employment or serve as a stepping stone toward bachelor's degree programs.Affordable education with financial aid and tuition assistance options for students who demonstrate need.A globally diverse campus community, welcoming students from more than 30 countries.At its core, Taylor Business Institute fosters a community where faculty, staff, and students work together to support one another and focus on student success.

Frequently Asked Questions

How much does Taylor Business Institute cost?
Taylor Business Institute's tuition is approximately $11,175 for In-State students and $11,175 for Out-State students.
What schools are Taylor Business Institute often compared to?
Taylor Business Instituteis often viewed alongside schools like City Colleges of Chicago-Harold Washington College by visitors of our site.
What is the acceptance rate of Taylor Business Institute?
The acceptance rate of Taylor Business Institute is 89%, which is lower than the state average of 96%.
What is Taylor Business Institute's ranking?
Taylor Business Institute ranks among the top 20% of community college in Illinois for: Average community college minority breakdown and Highest completion rates.
In what neighborhood is Taylor Business Institute located?
Taylor Business Institute is located in the Chicago Loop neighborhood of Chicago, IL. There are 3 other community '.colleges.' located in Chicago Loop.

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Quick Facts (26-27)

  • Enrollment: 200 students
  • In-state tuition: $11,175
  • Out-state tuition: $11,175
  • Acceptance Rate: 89%
  • Student-teacher ratio: 12:1
  • Minority enrollment: 100%
  • Source: Verified school update

Related School Videos

Did You Know?

The average community college acceptance rate in Cook County, IL is 52%. Read more about national community college acceptance rates.

Cook County, IL community colleges have a diversity score of 0.56, which is lower than the national average of 0.74. The most diverse community college in Cook County, IL is Midwestern Career College. Read more about community college diversity statistics in the USA.

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